Are you using accurate operating expenses when evaluating investment properties and projecting returns? Here are the common operating expenses for multi-family properties and tips on how to accurately budget for them. Taxes & Insurance Taxes and insurance are an obvious...
Experienced investors focus on adding multi-family properties to their portfolio. This is evident in the high demand for this type of property across Massachusetts. If you’re not sure whether this is the right investment option for you, consider these 5...
It’s a simple fact that real estate builds wealth. Beyond owning a property that you live in as a primary residence, one of the best ways to invest in properties in Massachusetts is through the purchase multi-families. In most cases,...
Security deposit laws are very specific and strict in Massachusetts. Mistakes by landlords are surprisingly common and can be very costly. If you own a multi-family, here are security deposit mistakes to avoid in Massachusetts. 1 – Depositing Funds Into...
Selling a home can be a bit challenging during a pandemic. This is especially true for multi-family properties given the need to coordinate with tenants at the property. However, it’s also an ideal time to sell because of rising home...
During the COVID crisis, Governor Charlie Baker imposed a moratorium on rental evictions. But in so doing, the Governor also established the Residential Assistance for Families in Transition program, a $5 million fund to assist family facing extreme financial conditions...
Millennials are among the largest group of prospective tenants in today’s market, making up roughly 25% of the US population. Unlike generations before them, millennials are entering the workforce with much more uncertainty in the job market and higher student...
Making sure you have the right coverage can save you money and peace of mind. Contributor: Gregory R Porziella of Paul T. Murphy Insurance Agency As a landlord, purchasing insurance is one of the most important decisions you can make....
By Robert J. McNeill, CPA www.McNeillCPA.com In the closing weeks of 2017, President Trump signed a tax reform bill called the Tax Cuts and Jobs Act. The 429-page law contains some pretty significant changes that may dramatically impact the multi-family...
How You Can Use Our Website’s Exclusive Investment Tools If you are reading this article, you already know that investing in multi-family properties can be rewarding. You probably also understand how frustrating that evaluating various investment properties can be based...
By Robert J. Charland CEO of Exchange Authority The primary advantage of a 1031 exchange is that the taxpayer may dispose of property without incurring any immediate tax liability. This allows the taxpayer to keep the earning power of the...